13 Best Blue Chip Stocks to Buy According to Analysts

5. Baidu, Inc. (NASDAQ:BIDU)

Stock Upside Potential as of July 1: 23.92%

Number of Hedge Fund Holders: 56

Baidu, Inc. (NASDAQ:BIDU) is one of the 13 best blue-chip stocks to buy, according to analysts. On July 1, Baidu, Inc. announced Haijian He as its new Chief Financial Officer, effective immediately. He joins from Kingsoft Cloud, where he held CFO and executive director roles and brings prior experience from Goldman Sachs, BofA Merrill Lynch, and Citigroup. Baidu continues to show strong financial health with a current ratio of 2.29 and more cash than debt, according to InvestingPro.

The leadership shuffle also includes Junjie He transitioning from interim CFO to Senior Vice President of HR and administration and Shanshan Cui stepping in as Secretary General of the Organizational Culture Committee. CEO Robin Li welcomed the moves, citing them as crucial to Baidu’s next phase of growth.

Haijian He holds degrees in electronic engineering, an MBA from the University of Chicago, and a Harvard AMP credential. As a CFA charterholder, his appointment aligns with Baidu’s ambition to reinforce its AI-driven strategy and operational agility in the global tech market.

Baidu, Inc. (NASDAQ: BIDU) is a leading Chinese technology company and a global pioneer in artificial intelligence. Often referred to as “China’s Google,” Baidu is the country’s dominant search engine, commanding a significant share of the internet search market. Beyond search, Baidu has aggressively expanded into next-generation technologies. The company is at the forefront of autonomous driving, natural language processing, and generative AI development. Its AI platform, Baidu Brain, powers everything from smart assistants to self-driving vehicles, and its large language model Ernie Bot is one of China’s most advanced generative AI offerings.